Stock now is only 5 x earnings with this small profit by my rough calculation.
Profit to more than double in 12 months. I can't believe that the share price will stay at 2.5 times earnings in 12 months time. If we hold 5 x earnings and earnings double with 3000 tonne, must be a minimum of 10 cents a share. I'd say with a more consistent proven track record it should move further than that. IMO
Add to that an announcement of Indonesian partner with potential billions in revenue......
Breakout, page-3
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.24M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $11.38K | 61.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 193173 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1000 | 1 |
View Market Depth
| Last trade - 11.35am 19/11/2024 (20 minute delay) ? |
| CSS (ASX) Chart |